2022
Exports
$65.6MWorld Rnk 114 / 214
Flag Rnk 7 / 885
2022
PRODUCT COMPLEXITY IN Refined Petroleum
-0.87Rnk 795 / 1025
2022
Imports
$593MWorld Rnk 130 / 225
Flag Rnk 1 / 1126
2022
ECONOMIC COMPLEXITY of Rwanda
-0.53Rnk 89 / 133

About

Exports In 2022, Rwanda exported $65.6M in Refined Petroleum, making it the 114th largest exporter of Refined Petroleum in the world. At the same year, Refined Petroleum was the 7th most exported product in Rwanda. The main destination of Refined Petroleum exports from Rwanda are: Democratic Republic of the Congo ($51.4M), Ethiopia ($10.5M), Greece ($906k), Belgium ($624k), and Qatar ($552k).

The fastest growing export markets for Refined Petroleum of Rwanda between 2021 and 2022 were Democratic Republic of the Congo ($22.3M), Ethiopia ($6.5M), and Greece ($906k).

Imports In 2022, Rwanda imported $593M in Refined Petroleum, becoming the 130th largest importer of Refined Petroleum in the world. At the same year, Refined Petroleum was the 1st most imported product in Rwanda. Rwanda imports Refined Petroleum primarily from: United Arab Emirates ($272M), Saudi Arabia ($112M), Switzerland ($48.2M), India ($30.4M), and Oman ($28.4M).

The fastest growing import markets in Refined Petroleum for Rwanda between 2021 and 2022 were United Arab Emirates ($119M), Saudi Arabia ($59.8M), and India ($20.7M).

Latest Trends

Aug 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Refined Petroleum. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$65.6M
IMPORTS (2022)$593M
NET TRADE (2022)-$528M

In 2022, Rwanda exported $65.6M in Refined Petroleum. The main destinations of Rwanda exports on Refined Petroleum were Democratic Republic of the Congo ($51.4M), Ethiopia ($10.5M), Greece ($906k), Belgium ($624k), and Qatar ($552k).

In 2022, Rwanda imported $593M in Refined Petroleum, mainly from United Arab Emirates ($272M), Saudi Arabia ($112M), Switzerland ($48.2M), India ($30.4M), and Oman ($28.4M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Refined Petroleum EXPORT MARKETS FOR Rwanda WERE (2021 - 2022):
Ethiopia$6.5M (160%)
Greece$906k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Refined Petroleum BY Rwanda WERE (2021 - 2022):
United Kingdom-$1.69M (-90.4%)
Uganda-$100k (-58.3%)
Tanzania-$50.6k (-91%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Rwanda's main exporting competitors in Refined Petroleum were:
In 2022, Rwanda's main importing competitors in Refined Petroleum were:

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Trade Value of Refined Petroleum by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALBurundi+ $34.9k
TOP IMPORT POTENTIALIndia+ $3.24M

Refined Petroleum’s highest export potential is Burundi. With an export gap of $34.9k.   Refined Petroleum’s highest import potential is India with an import gap of $3.24M.

See methodology.

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